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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. Supply Chain Next · 013 – Brian Aoaeh, CFA. It was during that process that I honed in on supply chain.

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Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity. Supply chain, it seems, is ripe for disruption.

The 5 Levels of Supply Chain Transparency!

Supply Chain Game Changer

As the story goes, the meatpacking districts of Chicago were one of the first recorded drivers, towards the need, for supply chain transparency. One could even argue supply chain transparency?—?at Still, today, supply chain transparency holds a prominent position in concerns for consumer and business, alike. As mentioned the definition of supply chain transparency has undergone a shift, and that shift has brought elasticity to the terminology.

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. With some 5 million companies impacted by China’s supply chain woes, the picture is similar in other parts of the world. Those that look for new marketing opportunities despite the brittle trading conditions. Companies That See Supply Chain Disruptions as Challenges.

[WHITE PAPER REPORT] Revenue Growth At The Hand Of Improved Digital Supply Chains

Cerasis

In this blog, Kristen discusses how revenue growth is tied to digital supply chains. The Center for Global Enterprise releases new research suggesting revenue growth at the hand of improved digital supply chains. The paper presents evidence from 24 top executives running the world’s largest supply chains. These industry leaders believe enterprise supply chains could be the most important transformation for companies over the next five years.

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Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Supply Chain Carbon Footprint Reduction Strategy. climate summit convened in New York. It saw leaders from around the world pledging new initiatives to address the ongoing climate crisis, including a $60 Billion renewable energy commitment from Germany, and 15 countries including Britain, Norway and Costa Rica pledging to achieve net-zero emissions by 2050. appeared first on Supply Chain Game Changer™.

Letter from the CEO: Coronavirus Market Update

Transplace

Transplace is closely monitoring the outbreak and the impact the reaction is having on the transportation market. Toward that end, we would like to provide you with four types of updates: 1) what we are seeing in the transportation marketplace, 2) what our customers are experiencing, 3) some best practices we recommend with regard to bidding, and 4) the actions we are taking to protect our employees and community. The supply of 40’ equipment across the U.S.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Each one is featured as having done something unique to reinvent their supply chain and logistics. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted. Our first guinea pig, Bubbles, had passed away a few weeks earlier (after bringing us much joy and laughs for over four years), so we were very excited to bring Milo and Otis home and begin a new chapter of memories. Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub.

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Supply Chain Management:Indicators from the 2012 Holiday Buying.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Supply Chain Management.

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

In the last year, a new dynamic has begun to reshape the freight industry. And until recently, he was an archtypical “insider”, an executive at one of the world’s largest and most respected forwarders, DB Schenker, where he was responsible for the New York market. Simple pricing theory dictates that if you increase supply more than demand, prices will fall. Global supply chains are increasingly complex. How Freight Disrupted Itself.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action ” Interview series at Supply Chain Game Changer. I was born in New York City and grew up on Long Island. The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing.

Learning to Speak the Language of Demand

Supply Chain Shaman

New shoes feel awkward. Learning to speak a new language is similar. Nine out of ten supply chains are stuck. The secret to unsticking the supply chain is to redesign processes to be outside-in. The supply chain processes need to be designed from the market back. Most companies have designed supply-centric processes from the inside-out. The first step to making the shift is learning a new language. New Terms to Know.

The Top Logistics and Supply Chain Journalists & Thought Leaders to Know for 2020

Shipchain

Knowledge is power in the world of supply chain management, and every company is searching for the next best way to save money and meet consumer demand. That’s why we’ve created this list of the top logistics and supply chain journalists and thought leaders that we follow and suggest you check out in 2020. . Top Logistics & Supply Chain Journalists & Thought Leaders We Follow. trade policies and their impact on supply chain policies.

Experts Choice Of Top Online Logistics Resources

Freightos

If you’re like me, staying up to date on supply chain news is critical. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. Transport Intelligence, the well-respected U.K. Today’s Top Supply Chain and Logistics News From WSJ.

How Locally Grown Products are Disrupting F&B Manufacturing

QAD

For example, a food label in a store in New York might read “ New York State Grown and Certified ”. Better for the environment due to reduced transportation costs and distances. Sustainability is another increasing concern, and procuring food products from local farms, growers, merchants and manufacturers encourages sustainability programs and environmental protection.

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

The global market for warehousing is currently growing at a Compound Annual Growth Rate (CAGR) of 6 – 8%, according to Beroe Inc, a procurement intelligence firm. The union of warehouse management systems with TMS ( transportation management system) and LMS (learning management system) will increase communication and planning for companies with the use of real-time data transmission across various platforms.

Time to turn around inventory falls by two days says new report

EFT

Customer demands for faster and faster service are having an effect across the supply chain finds eyefortransport’s new D3 2019 report. More integrated supply chains are being driven by the challenges presented by a growing e-commerce environment, with the most resource-intensive and problematic part of this being the last mile. Interviews with multiple supply chain experts from multiple angles.

Letter from the CEO: Market Update April 2, 2020

Transplace

We are pleased to provide another transportation market update for you this week. The major theme in our commentary today is a continuation of dramatic disruptions that continue to wreak havoc on most of the global supply chain. We will continue to monitor the impact of stricter “safer at home” orders on shipments of non-essential goods, medical supplies, and consumer products. New CLP and CDL issuance / testing restrictions. Business - Transportation

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. On the other hand, offshoring growth has fuelled the need for warehousing as part of the elongated supply chain. Furthermore, by making the warehouse a retail centre in its own right, warehouses are getting a new lease of life as end-customer distribution outlets, whether or not just-in-time methods are being used.

China Flexes Its Global Logistics Muscle

Material Handling & Logistics

This is truly a brilliant plan on China’s part,” explains David Gonsalvez, CEO of the Malaysia Institute for Supply Chain Innovation, which is part of the MIT Global Supply Chain and Logistics Excellence Network. The routes they build within their country, he notes, are greatly needed to transport goods domestically. The initiative will bring new opportunities to foreign firms like Honeywell that are deeply rooted in China.”.

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This Week in Logistics News (April 29 – May 3, 2019)

Talking Logistics

I received a few questions yesterday about Indago , our new market research community for supply chain practitioners that benefits charities. Indago is a Latin word that means “to investigate, search out, try to find/procure by seeking.”. We investigated two questions with our members this week: “How often is risk considered in your supply chain decision-making discussions?” Earlier this week, I wrote about the network effect in transportation management.

Ryder Places First Medium-Duty Electric Vehicle Order with Chanje Energy and Begins to Roll Out Charging Stations

Supply Chain Network

NYSE: R), a leader in commercial fleet management , dedicated transportation , and supply chain solutions , announced today it has started to take delivery of 125 medium-duty electric panel vans, the first of their kind in North America, now available for lease or rent. markets, as well as in the Chicago and New York markets, with the latest technology in commercial electric vehicle (EV) charging. New risks emerge from time to time.

This Week in Logistics News (April 17-21, 2017)

Talking Logistics

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). JDA Unleashes New Levels of Supply Chain Visibility Across its Portfolio with TransVoyant. MacroPoint Announces Platform Integration with JDA Transportation Management Solution. Apple Gets Permit to Test Self-Driving Cars in California (New York Times).